The dean of the Graduate School at the Ghana Technology University College, Dr Francis Boateng Agyenim, has warned government to be careful with the concessionaire to be selected for the management of the Electricity Cooperation.He said government should be guided by the Ghana Water Company experience where Aqua Vitens Rand Ltd was brought in under a management contract, but it eventually failed to perform satisfactorily.
“So the government should be very, very careful in bringing in investors who are only going to end up possibly, charging us more and delivering very, very little and using the same facilities as we have,” Dr Agyenim said on 3FM’s Sunrise Monday.
Workers of the ECG who are a part of the Public Utility Workers Union hace opposed the concession that will see ECG’s management being leased to a private entity for the next 30 years.
The workers have in recent weeks embarked on a series of demonstrations and strike across the country to push government to back down on the concession plan, which they say will result in laying off of staff. data-medium-file=https://i2.wp.com/3news.com/files/uploads/2016/05/ECG.jpg?fit=300,180 data-large-file=https://i2.wp.com/3news.com/files/uploads/2016/05/ECG.jpg?fit=564,338 />
The dean of the Graduate School at the Ghana Technology University College, Dr Francis Boateng Agyenim, has warned government to be careful with the concessionaire to be selected for the management of the Electricity Cooperation.
He said government should be guided by the Ghana Water Company experience where Aqua Vitens Rand Ltd was brought in under a management contract, but it eventually failed to perform satisfactorily.
“So the government should be very, very careful in bringing in investors who are only going to end up possibly, charging us more and delivering very, very little and using the same facilities as we have,” Dr Agyenim said on 3FM’s Sunrise Monday.
Workers of the ECG who are a part of the Public Utility Workers Union hace opposed the concession that will see ECG’s management being leased to a private entity for the next 30 years.
The workers have in recent weeks embarked on a series of demonstrations and strike across the country to push government to back down on the concession plan, which they say will result in laying off of staff.
The Public Utilities Regulatory Commission (PURC) has announced a 17.5% reduction in electricity tariffs for residential consumers effective march 15.
A statement signed by executive secretary Mrs. Mami Dufie Ofori on Monday also indicated a 30% reduction for non-residential consumers, 25% reduction for Special Load Tariff consumers and 10% reduction for mines.
The review exercise, as explained in the statement, has become necessary because the commission is required by the Public Utilities Regulatory Commission Act 1997 (Act 538) to investigate the cost of production of all sources of supply of electricity to all distribution utilities and to ensure efficient and equitable tariffs as well as ensuring that tariffs are relevant to the current socio-economic environment.
The commission in its statement also indicated consumer interest, investor interest, economic development, revenue requirement, and natural gas requirement as some of the major considerations it took into account in arriving at the new tariffs.
The new tariffs structure as announced is expected to remain the same until 2019 when it is reviewed again.
The commission did not however review water tariffs.
“Review of water tariffs require further consultations and the commission is unable to announce a decision at this time,” the statement explained.
More to follow
By P.D Wedam | 3news.com
The Public Utilities Regulatory Commission (PURC) has announced a 17.5% reduction in electricity tariffs for residential consumers effective march 15. A statement signed by executive secretary Mrs. Mami Dufie Ofori on Monday also indicated a 30% reduction for non-residential consumers, 25% reduction for Special Load Tariff consumers and 10% reduction for mines. The review exercise, …
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